All articles in 'Learn Excel' Category

Check if a Word or Phrase is Palindrome using Excel Formulas [Weekend Fun]

Published on Aug 12, 2011 in Excel Howtos, Learn Excel
Check if a Word or Phrase is Palindrome using Excel Formulas [Weekend Fun]

The other day, while I was putting my kids to sleep, this idea came to me. How do I check if a cell contains a palindrome, using Excel formulas?

Next morning, I wrestled with excel for about 20 minutes and boom, the formula is ready.

But what is a palindrome?
A palindrome is a word, phrase, verse, or sentence that reads the same backward or forward. For example: A man, a plan, a canal, Panama!
So, to check if a cell contains palindrome, we need to reverse the cell contents and see if both original and reverse are the same.

Continue »

10 Excel Keyboard Shortcuts I can’t live without!

Published on Aug 8, 2011 in Learn Excel
10 Excel Keyboard Shortcuts I can’t live without!

Everyone and their colleague knows the importance of Excel keyboard shortcuts. While it may be a good idea to know a 97 different shortcuts for everything in Excel, the fact is, you don’t use them all the time. So, it all boils down to memorizing the few shortcuts that you use all the time.

In this post, I am sharing 10 such shortcuts that I can’t live without, especially, when I am analyzing data, making charts and formatting my workbooks.

Continue »

Shift Calendar Template – FREE Download

Published on Aug 1, 2011 in Learn Excel
Shift Calendar Template – FREE Download

Today I want to share an Employee Shift Calendar Template with you. You can use this template to keep track of shift timings on various days. See a demo of the template: How does this template work? This template uses a 3 main ideas, Excel formulas to create the calendar & checking for a day’s […]

Continue »

Interactive Dashboard in Excel using Hyperlinks

Published on Jul 20, 2011 in Charts and Graphs, Learn Excel, VBA Macros
Interactive Dashboard in Excel using Hyperlinks

Last week we learned how to create dynamic hyperlinks in Excel. Today, I want to show you something even cooler. An interactive dashboard based on hyperlinks, like shown above.

Isn’t it impressive?

Well, to create something like this, you don’t need a degree in advanced cryogenics. You just need a bunch of data, a chart, a one line macro code and some pixie dust (go easy on pixie dust).

Continue »

Create Dynamic Hyperlinks in Excel [Video]

Published on Jul 14, 2011 in Excel Howtos, Learn Excel
Create Dynamic Hyperlinks in Excel [Video]

During one my recent training programs, a participant asked an interesting question.

I have a list of values. I would like to place a hyperlink in my workbook that would always take me to the last value in the list.

Something like shown aside.

Click on the image to learn how this is done.

Continue »

NPV() function to calculate Present Value

Published on Jul 5, 2011 in Financial Modeling, Learn Excel
NPV() function to calculate Present Value

Today, let us learn how to use NPV() function in Excel & create a simple financial model.

If you are dealing with cash and valuations, you are bound to have come across the NPV function. If you don’t know the assumptions behind the same, I bet it could cost you your job!

Let’s take a simple project – You buy a MSFT stock for USD 100. You receive a dividend of USD 10 in the first year, USD 20 in the second year, USD 40 in the third year and then you sell it out for USD 140. If you could have alternatively put this money in bank at 10% interest rate, have you gained anything?

How do you model this in excel? In this tutorial we understand how you can use NPV to do this analysis and what kind of pitfalls you can land into!!

Continue »

Last Chance to Join our Singapore Excel Bootcamp [also, our training calendar for rest of the year]

Published on Jul 4, 2011 in Learn Excel, Training Programs

A quick announcement folks. I am doing an Excel Boot-camp in Singapore this weekend (July 8-10) along with Paramdeep from Pristine. If you are interested in joining our Bootcamp, this is your last chance. Visit our Singapore Excel Boot-camp page for details & sign-up information. The last date for enrollment is Thursday, 7th of July. […]

Continue »

Sales Analysis Charts in Excel – 78 Alternatives

Published on Jun 30, 2011 in Charts and Graphs, Excel Challenges, Learn Excel
Sales Analysis Charts in Excel – 78 Alternatives

Recently, I ran a contest asking you to analyze a bunch of sales data and present your results in charts. We received a total of 78 charts from 45 people. The contest entries had a mind-boggling variety of excel charts, techniques and ideas. It took me a while to go thru all the files and compile the results. Thanks for your patience. In this post, you can find all the charts along with my comments & links to download files.

Continue »

Excel Links – Updates on Singapore Workshop Edition

Published on Jun 27, 2011 in excel links

It has been a while since we had an Excel Links post. So here we are.

First, I want to update you about our Singapore Workshop.

As you know, we have opened the registrations for this workshop last week. If you are in Singapore and want to attend an Excel & Financial Modeling Workshop, Please consider joining us on July 8- 10. For details & enrollment, visit Singapore Bootcamp page.

Apart from the Singapore workshop, I was busy last week conducting live training at CapGemini, in their Hyderabad office on Excel & Dashboards. It was a very good experience. I learned a lot about practical challenges people face when doing sales reports etc. using Excel.

Continue »

Automating Repetitive Tasks

Automating Repetitive Tasks

Over at Newton Excel Bach I spotted the Dynamically Defined Dancing Pendulums. Doug had used Strand7 for the animation.

I thought I could do that in Excel and did.

This post demonstrates some of some basic VBA techniques used to simplify repetitive tasks used during the construction of the project.
For a full project description visit Excel Hero.com.

Continue »

Analyse Data like a Super Hero

Published on Jun 20, 2011 in Excel Howtos, Huis, Learn Excel, Posts by Hui
Analyse Data like a Super Hero

Can I automate 500 Columns of Data Analysis without VBA?

Absolutely!

Excel super function – Data Table to the rescue.

After reading this post, you will be able to process data like a Data Analysis Super Hero !

Continue »

Comparing Lists of Values in Excel using Array Formulas

Published on Jun 14, 2011 in Excel Howtos, Learn Excel
Comparing Lists of Values in Excel using Array Formulas

Last week, we had a home work on Calculating Donation Summaries using Excel Formulas. This is a good case where array formulas can help us. So today, we will learn how we can use Array Formulas to compare lists of values and calculate summaries. Towards the end of this post, you can see a video that explains the solution to Donation Summary Calculation problem.

Continue »

10 Excel Formula Myths – Busted!

Published on Jun 7, 2011 in Learn Excel
10 Excel Formula Myths – Busted!

Many of us start using Excel to keep track of something. And along way, we realize that Excel has a powerful feature called formulas, using which we can automate a lot of things. BOOM! Before we realize, we are in the thick of VLOOKUPs and SUMIFs.

But, along way, we also pick up a few bad habits or believe a few myths. Today, lets bust 10 Excel formula myths that we hear often.

Read this post to learn what these myths and why you should not trust them.

Continue »

Advanced Sumproduct Queries

Published on May 26, 2011 in Excel Howtos, Huis, Learn Excel, Posts by Hui
Advanced Sumproduct Queries

How often have you had a simple table where you want to lookup a value or add up some values meeting a criteria?

This post looks at a simple way to do a 2D Lookup or 2D Sum of a values from within a 2D range with multiple criteria, without complex Sum, Offset, Index, Match, Sumifs or other functions, simply using Sumproduct

Continue »

Mod() function in excel to Implement Escalation Frequency [Financial Modeling Tutorials]

Published on May 24, 2011 in Financial Modeling, Learn Excel
Mod() function in excel to Implement Escalation Frequency [Financial Modeling Tutorials]

You take an apartment on rent at $1000 per month and the owner puts an escalation clause saying 10% increment each 3 years. How do you model this in excel? In this tutorial we understand how escalations at certain frequency can be implemented using the mod function in excel. What is the mod() function Simply […]

Continue »